secwatch.observer — SEC 8-K summary
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Issuer:     Fat Brands, Inc (FATAQ)
CIK:        0001705012
Form:       8-K
Filed at:   2025-01-17T23:59:59+00:00
Accession:  0001493152-25-002733
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FAT Brands sets Jan 27 record date for Twin Hospitality special stock dividend of 0.152 shares per share
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- Record date Jan 27, 2025; distribution date Jan 29, 2025; Twin Common Stock to trade as 'TWNP' on Nasdaq.
- Each share of FAT (FAT, FATBB) receives 0.1520207 share of Twin Common Stock; represents ~5% of Twin fully diluted shares.
- Remaining ~95% of Twin Hospitality shares continue to be held by FAT Brands after distribution.
- Warrants (FATBW) not exercised by record date will have exercise price adjusted downward from $2.2142.
- No fractional shares; aggregated and sold, net cash proceeds distributed pro rata to shareholders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1705012/000149315225002733/0001493152-25-002733-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1705012/000149315225002733/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-002733

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